Telenor acquires Telewings’ 100-per cent stake in India

Telenor acquires Telewings’ 100-per cent stake in IndiaTelenor Group has announced that it has completed the acquisition of the 26-per cent ownership stake in Telewings, held by Lakshdeep Investment & Finance. As a result, Telenor now takes full ownership of the company that operates under the brand name Uninor. The process was finalized after Telenor received approval from the Indian Government’s Foreign Investment Promotion Board (FIPB) to increase its stake from 74 per cent to 100 per cent.

“Telenor Group has a long-term view on India, and we are encouraged by the strong growth of our Indian operation. The company continues to capture market share every month and is leading in new subscriber additions in many of its circles,” said Sigve Brekke, EVP of Telenor Group and Chairman of the Board of Telewings.

Telewings’ revenues in the first half of 2014 compared to the same period last year have increased by more than 40 per cent. Earlier this year, the company expanded its service portfolio from voice to basic internet services. Close-to 20 per cent of the company’s subscribers are now active internet users.

Telenor’s Indian arm is present in seven circles with a total population of around 600 million people. The company has participated in two separate auctions to acquire spectrum in the range of 5 MHz to 7.2 MHz in seven circles. With a network of more than 1,500 stores and 365,000 points of sale, Telewings has the second-largest distribution network in its operating circles. The company will also launch services in Assam early next year.

Panasonic introduces T40 smartphone in India

Panasonic introduces T40 smartphone in IndiaDesigned to offer advanced features for the youth, Panasonic India has introduced a new member to its “T” series smartphone, the Panasonic T40. This phone is made to fit your pocket in every way. Its dual tone front enhances its workable design of round edges and small form factor. Bestowed with a 4 inch IPS display at a resolution of 800×480, it weighs just 117g. The model is available in three colors which include the Bright Red, Dark Grey and White. Powered by a 1.3GHz Quad core processor with 1GB RAM, the T40 is well equipped to take performance to the next level. Its 8GB internal storage expandable to 32GB using a microSD card provides ample space for downloading plenty of apps and games. Panasonic T40 has a 5MP rear camera with Autofocus and is befriended with an LED flash to churn out stunning photographs so you don’t lose out on those important moments.

The phone runs the latest Android KitKat 4.4.2 and is enriched with Panasonic’s intuitive Gesture Play+ veneer to make user experience more exciting. The gesture based interface allows a user to quickly open apps directly from lock screen. It can be reverted to Android Launcher as and when the user sees fit. Panasonic T40 is also preloaded with some useful apps like the  Pop-i player- a versatile video player that can be resized and kept anywhere on the home screen, allowing the user to use the phone simultaneously and the Music Café designed for single hand use.

the Panasonic T40 smartphone

With a 1500mA battery, the phone is fitted with Bluetooth 4.0 supporting A2DP; Wi-Fi connectivity technologies like Wi-Fi Direct and Wi-Fi Hotspot, assisted by critical sensors like Ambient Light sensor, Accelerometer and Proximity sensor…..See More

IT Minister invites LG, Samsung to participate in “Make In India”

IT Minister invites LG, Samsung to participate in “Make In India”

On a visit to South Korea, the Minister for Communications & IT and Law & Justice, Shri Ravi Shankar Prasad, has attended the Plenipotentiary Conference 2014 of the International Telecom Union. He also held meetings with the top companies of South Korea working in the field of electronics to attract business into India.

On the first day of his four-day visit, the Minister met Bon Joon Koo, Vice-Chairman & CEO of LG Electronics in Seoul. Bon Joon Koo expressed great faith in the changed investment climate in India.
The Minister for Communications & IT and Law & Justice, Shri Ravi Shankar Prasad with Bon Joon Koo, Vice-Chairman & CEO of LG Electronics

The Minister shared the Digital India vision and “Make In India” initiative of the present Government with the CEO of LG Electronics. Shri Ravi Prasad highlighted the great potential that India holds in the field of electronic manufacturing. Taking forward the vision of Prime Minister Narendra Modi to develop India into a global manufacturing hub, the Minister desired LG Electronics to make India its global manufacturing hub…..See More

Kotak Mahindra Bank introduces KayPay

Kotak Mahindra Bank introduces KayPay

Kotak Mahindra Bank (KMB) has announced the launch of KayPay, the world’s first bank- agnostic payment product for Facebook users to send money to each other in an instant (24*7). KayPay enables over 250 million Indian bank account-holders transfer funds to each other instantly by just choosing recipients from their Facebook friends list.

It offers a safe and secure platform to transact on the social networking site through a two-level authentication – Facebook user id & password and a One Time Password (OTP). Further, both sender and receiver immediately receive notifications via SMS and on Facebook about the transfer.

Shanti Ekambaram, President – Consumer Banking, Kotak Mahindra Bank, said, “KayPay is a revolutionary Digital Banking innovation that leverages social media to offer a better and secure payment platform to all. KayPay is bank-agnostic, facilitating transfer of funds instantly. The convenience of not having to know payee details breaks down all barriers of a process, which otherwise requires a host of information that one may not necessarily have handy. We are constantly working to deliver seamless and convenient banking solutions across all channels, especially digital banking, to the entire community.”

As a onetime process, users need to register their existing bank accounts, which participate in the IMPS (Immediate Payment System) P2M Pull platform by National Payment Corporation of India, on Facebook or http://www.kaypay.com. Currently, KMB is offering KayPay at no cost to users.

Lenovo debuts Next-Gen Yoga Tablets in India

Lenovo debuts Next-Gen Yoga Tablets in IndiaLenovo has announced the India launch of its much-awaited lineup of next-generation Yoga Tablet 2 powered by Intel processors. The range of four distinct tablets offer some of the best features in their respective categories coupled with the four usage modes that make Yoga Tablets stand apart in the crowded tablet market. Lenovo will be retailing these products exclusively on one of India’s largest e-commerce portals, Flipkart, starting October 17, 2014.

Lenovo debuts Next-Gen Yoga Tablets in India

Stemming from its legacy of consumer-focussed design and innovation, Lenovo is offering 3 sizes and 2 operating systems so users can choose the model that is right for them. Besides Android models in 20.32cm, 25.65cm and 33.78cm, consumers can now for the first time choose a Windows model, available in 25.65cm.

Lenovo debuts Next-Gen Yoga Tablets in India

The new range comes with several new features that makes the Yoga a great entertainment device while offering unparalleled flexibility and versatility. Not only do the tablets have excellent resolution with Full HD, Dolby Wolfson HiFi audio, 8MP rear and 1.6 HD front camera, they come powered with the new Intel Atom Processor Z3745 for an excellent performance coupled with a super-long battery of up to 18 hours…….See More

Mercury enlightens partner’s Diwali with “Merc Mania 2014″ Scheme

Mercury enlightens partner’s Diwali with Kobian has enriched the business of their partners on this Diwali with a special festive scheme – “Merc Mania 2014”. The scheme is designed for pan-India channel partners and they can earn attractive gifts worth Rs.4,200 to Rs.70,000. Channel partners can avail this scheme on the purchase of specific Mercury Tablets, Smartphones, Motherboards, Casings, Power Products, Keyboards/Mice, Power banks and Routers. The scheme is valid on the purchase of these
Mercury products from October 1st to 31st December, 2014.

Sushmita Das, Vice-President – Business, India at Kobian Pte Ltd, said, “We wish all our partners a very happy Diwali by gifting them our special Merc Mania 2014 scheme. On this festival of lights, customs and traditions, we want our partners who have added values and trust in the brand to avail the maximum rewards and benefits in this festive season. We have designed this scheme to all our valued partners to achieve the countless gifts and hampers from Mercury. We, at Kobian, are always focussed on the development of channel community and such schemes are the best way to add to the glitter and also reinforce confidence in our partners.”

This scheme is valid from 1st October to 31st December and for the purchases billed out from Kobian-authorized distributors. This scheme is valid pan India.

Panasonic introduces T40 smartphone in India

Panasonic introduces T40 smartphone in India

Designed to offer advanced features for the youth, Panasonic India has introduced a new member to its “T” series smartphone, the Panasonic T40. This phone is made to fit your pocket in every way. Its dual tone front enhances its workable design of round edges and small form factor. Bestowed with a 4 inch IPS display at a resolution of 800×480, it weighs just 117g. The model is available in three colors which include the Bright Red, Dark Grey and White. Powered by a 1.3GHz Quad core processor with 1GB RAM, the T40 is well equipped to take performance to the next level. Its 8GB internal storage expandable to 32GB using a microSD card provides ample space for downloading plenty of apps and games. Panasonic T40 has a 5MP rear camera with Autofocus and is befriended with an LED flash to churn out stunning photographs so you don’t lose out on those important moments.

The phone runs the latest Android KitKat 4.4.2 and is enriched with Panasonic’s intuitive Gesture Play+ veneer to make user experience more exciting. The gesture based interface allows a user to quickly open apps directly from lock screen. It can be reverted to Android Launcher as and when the user sees fit. Panasonic T40 is also preloaded with some useful apps like the  Pop-i player- a versatile video player that can be resized and kept anywhere on the home screen, allowing the user to use the phone simultaneously and the Music Café designed for single hand use.

the Panasonic T40 smartphone

With a 1500mA battery, the phone is fitted with Bluetooth 4.0 supporting A2DP; Wi-Fi connectivity technologies like Wi-Fi Direct and Wi-Fi Hotspot, assisted by critical sensors like Ambient Light sensor, Accelerometer and Proximity sensor.

“In order to sustain in the market, Panasonic India is constantly undergoing innovation to deliver products as per the expectations of its customers. The launch of this model reinstates our commitment of delivering affordable devices providing the greatest innovation to our consumer with an uncompromised usage experience” said Mr. Manish Sharma, Managing Director, Panasonic India……See More